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HB278 Alabama 2013 Session

Updated Jan 11, 2026
HB278 Alabama 2013 Session
House Bill
Expired
Current Status
Regular Session 2013
Session
24
Sponsors

Summary

Primary Sponsor
Craig Ford
Independent
Session
Regular Session 2013
Title
Retirement, DROP reestablished, exceptions, Secs. 16-25-150, 36-27-170 am'd.
Description

Currently, members of the Teachers' Retirement System and the Employees' Retirement System may not be new participants in the DROP Program after April 1, 2011, which also imposes limits on interest that could be paid on DROP accounts.

This bill would reestablish DROP and would remove limits on interest that could be paid on DROP accounts.

Subjects
Retirement

Bill Actions

H

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Documents

Source: Alabama Legislature